10 Best Oscar Dresses Ever

Liza Minnelli won the 1972 Best Actress Academy Award for her role in "Cabaret."

Despite Minnelli's larger-than-life star power, she opted for a simple Halston cashmere dress and matching jacket … in bright, bold yellow. She accented her ensemble with a woven gold and copper choker, and a long gold chain that hung below her bust line. On her feet? Matching yellow pumps. (Note: This was before the fashion world turned up its nose at matchy-matchy outfits, so we give Minnelli credit for her efforts.)

Minnelli was the first actor to win an Oscar whose parents also received Academy Awards during their acting careers.

At the end of her acceptance speech, Minnelli said, "Thank you for giving me this award. You've made me very happy."